According to data from the FMDQ Exchange’s trading platform, which manages the Nigerian Autonomous Foreign Exchange Market (NAFEM), the Naira depreciated by N10.33.
Read Also: Trump’s Social Media Stock Spikes After Victory Making Him $1 Billion Richer
This drop reflects a 0.61 percent decline from the previous trading day on Tuesday, when the exchange rate stood at N1,671.32 per dollar.
Additionally, daily turnover decreased to $196.78 million on Wednesday, down from $218.77 million recorded on Tuesday.
In the Investor’s and Exporter’s (I&E) window, the Naira traded within a range of N1,690.00 to N1,620.00 against the dollar.
https://whatsapp.com/channel/0029VaihFajBadmT29ufud2Z
No Comments